1 bedroom apartment
Key information
Features and description
- Tenure: Leasehold (999 years remaining)
- For sale by online auction
- 6 weeks’ completion
- Studio apartment
- New 999 year lease
- Share of Freehold
- Ideal for investment
Video tours
Rooms
Auction
To be sold by online auction (unconditional) on Tuesday 17th December 2024 2024 with a 6 WEEK COMPLETION, bidding will open at 10.00.
To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Tenure
Leasehold with vacant possession
Lease
A new 999 year lease will be provided and a share in the freehold will be transferred to the buyer on completion.
Ground rent and service charge
The ground rent will be peppercorn. The service charge will a reasonable proportion of the total expenditure for the building and will be confirmed in the legal pack.
EPC rating
E
Council tax band
A - Hackney
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
Additional fees
A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".